Trending
Latest

Stonepeak spends nearly $800m on Nordic cell towers

With nearly 5,000 cell towers and a further 2,500 additional sites available for development, the investment group is now a large shareholder in European operator Cellnex and its operations in Denmark and Sweden.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

September 30, 2023 | 10:47 AM BST

Stonepeak spends nearly $800m on Nordic cell towers

Marco Patuano, Cellnex CEO. Source: Cellnex

The Tech Capital

Alternative investment firm Stonepeak has acquired a 49% stake interest in Cellnex Sweden and Cellnex Denmark (Cellnex Nordics) for €730 million (US$772.8 million).

Premium Article

Subscribe free for unlimited premium access to The Tech Capital.com

The Tech Capital
Daily

Daily Brief

A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers

Share this article
Keywords
More From

João Marques Lima

Founder and Editor, The Tech Capital

Related Articles